Tag: Natural gas

Methane leaks from city pipes have dropped sharply, study finds

The research suggests that advancements in equipment and better maintenance are helping drive down emissions of the potent heat-trapping gas.  More »

Exxon Mobil starts production at its new deepwater project in the Gulf

Total production of the project is expected to reach about 300 million cubic feet of gas and 3,000 barrels of liquids per day from two wells.  More »

Russia’s natural gas giant is cutting its dividend after seeing its profits tank

The massive drop in profits may translate into a payout of about 2 rubles a share, compared with 7.2 rubles a year earlier.  More »

FERC directs Texas pipeline company to investigate alternatives

The city of Green has proposed moving about 103 miles of the Nexus pipeline away from southern Summit County and northern Stark County into southern Stark and Wayne counties, then western Wayne, Medina and Lorain counties.  More »

India said to mull lowering natural gas price 10 percent as energy costs plunge

The government continues to work on a plan to allow a premium for gas produced from deep-water fields, the official said.  More »

Energy Department study: Shale won’t last, Arctic drilling needed now

In order for the U.S. to keep domestic production high and imports low, oil companies should start probing the Artic now because it takes 10 to 30 years of preparation and drilling to bring oil to market, according to a draft of the study’s executive summary obtained by the Associated Press.  More »

Cyprus draws Norway parallel after latest gas quest failure

President Nicos Anastasiades told reporters Thursday he’s not disheartened by the failure of an Italian-South Korean consortium to find commercially viable amounts of gas during exploratory drilling in an area off Cyprus’ southern coast.  More »

Natural gas inventory build sends prices plummeting

The Energy Department reported that natural gas in U.S. storage rose by 12 billion cubic feet to 1.48 trillion cubic feet.  More »

Statoil, West Virginia agree on deal for drilling under Ohio River

The Intelligencer and Wheeling News-Register reports that Norway-based Statoil plans to drill on about 474 acres of state-owned land under the river in Marshall and Wetzel counties.  More »

Northeast gas pipeline progresses, to some landowner dismay

Of 651 landowners in New York and Pennsylvania affected by the $700 million pipeline project, 125 refused to sign right of way agreements.  More »

Crudes’ good day continues as rig count falls

Rigs chasing crude are now at their lowest level since 2011.  More »

Judge rules shale gas pipeline can cross holdout properties

U.S. District Judge Malachy Mannion ruled that the Constitution Pipeline has the necessary permits from the Federal Energy Regulatory Commission and that it serves the public interest by providing additional natural gas pipeline capacity.  More »

Natural gas withdraw withers as winter nears end

U.S. Energy Information Administration weekly data showed a withdraw of 45 billion cubic feet, bringing total inventories to 1.47 trillion cubic feet.  More »

Iran producing more natural gas from field shared with Qatar

During a ceremony marking inauguration of the expansion project, President Hassan Rouhani claimed the increased gas production proved Western sanctions were ineffective.  More »

Tourmaline hunts for energy deals as rivals dump assets

Tourmaline is growing as peers shed assets and reduce dividends with U.S. crude hovering below $50 a barrel.  More »
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